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The Covid Effect on European E-Commerce

This is a syndicated repost courtesy of Statista | Infographics. To view original, click here. Reposted with permission.

E-commerce revenue in Europe experienced a 20 percent increase in 2020 according to Statista’s Digital Market Outlook – double the pre-pandemic rise seen from 2018 to 2019. Revenues are forecast to exceed the $500,000 million mark by 2022.

In 2020, fashion was by far the largest contributor, with $130,450 million. In second place, electronics and media brought in over $95,000 million while toys, hobby & DIY were third at over $80,000 million.

This chart shows e-commerce revenue in Europe, by segment from 2018 to 2022.

dmo european ecommerce revenue

Wall Street Examiner Disclosure: Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. No endorsement of such content is either expressed or implied by posting the content. All items published here are matters of information and opinion, and are neither intended as, nor should you construe it as, individual investment advice. Do your own due diligence when considering the offerings of information providers, or considering any investment.

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